P1 = $27
P0 = $23
To solve:
Capital gain rate = (P1 - P0)/P0
Capital gain rate = ($27.00 - $23.00)/$23.00
Capital gain rate = $4/$23
Capital gain rate = 0.1739
Capital gain rate = (0.1739)(100)
Capital gain rate = 17.39%
Answer:
$7700
Explanation:
Net Income = Revenue - Expenses
= 9000 - 1300 = $7700
Answer: Nominal
Explanation:
When the Nominal measurement scale is used, it means the data was sorted into labels or names which is why it is sometimes referred to as Named data. For instance, sorting dogs in a park into their species i.e Husky, American Bull, German Shephard etc.
There is no quantitative value and usually there is no ordering method to this measurement scale.
The professor sorted her students according to their majors which in this case acted as labels so the Professor was using the Nominal measurement scale.
Answer:
The correct answer is letter "C": Exactly $396.
Explanation:
An Amortization Schedule is a table that shows the amounts of principal and interest that comprise each loan payment. Amortization schedules reveal the true cost of purchasing a home, car or requesting a student loan that is<em> paid with regular, equal installments over a period of time</em>.
Thus, <em>Roxanne should pay $396 monthly for the next 10 years</em>.
Answer:
(D) Traceable to a single cost object.
Explanation:
A direct cost -
It is refers to the amount which is directly linked to the production of the specific products and services , is referred to as the direct cost .
The direct cost is variable in nature .
The direct cost can be traced to the cost object , that can be department , product or service.
Hence, from the given information of the question,
The correct option is D.